15.
10.20
06:20

Grain mail

Unfavorable weather conditions in large parts of the United States and the Black Sea region as well as price increases for Kansas City and Minneapolis wheat caused the wheat prices to close with moderate increases yesterday in Chicago.
At the moment, the e-CBoT is trading more firmly again.
Due to the specifications from Chicago, the wheat futures on Euronext in Paris were able to recover from slight daily losses and closed unchanged to firmly. FranceAgriMer increased the estimate of its wheat exports to countries outside the EU in 2020/21 to 6.7 million tonnes (+ 100,000 tonnes compared to the last estimate). Compared to last year, however, the estimate is around 50% below 2019/20. At that time, 13.46 million tons of wheat were exported.
Algeria bought 600,000 tons of wheat in its last tender. Local market participants note with relief that offers from the Black Sea region were not accepted. Presumably now deliveries from Western Europe. German wheat is usually an option when France does not have enough available. Alternatively, the Baltic states and Poland would also be ready.

Source
Hansa Terminhandel GmbH
Rückrufservice
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